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Aztec Minerals - Kootenay Silver Joint Venture Commences 2021 Exploration Program on the Cervantes Porphyry Gold-Copper Property in Sonora, Mexico

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Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) and Kootenay Silver Inc. have launched the 2021 exploration program at the Cervantes Porphyry Gold-Copper Property in Sonora, Mexico. This initiative, approved by the joint venture's Management Committee, will involve a +500 soil sample program across 518 hectares. The project is strategically located within the Laramide porphyry copper belt and is near several significant mining sites. All sampling procedures will adhere to strict QA/QC controls, with analysis conducted by Bureau Veritas Minerals in Hermosillo.

Positive
  • Approval of the 2021 exploration program by the Management Committee enhances exploration activities.
  • Mobilization of field crews for a comprehensive +500 soil sample program covering 518 hectares.
  • Cervantes property is situated in a strategically significant mining area, increasing its exploration potential.
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / February 23, 2021 / Aztec Minerals Corp. (TSXV:AZT)(OTCQB:AZZTF) and Kootenay Silver Inc. have commenced the 2021 exploration program on the Cervantes Porphyry Gold-Copper Property in Sonora, Mexico. The exploration program was recently approved by the Management Committee overseeing the Cervantes Joint Venture between Aztec Minerals Corp (65%) and Kootenay Silver Inc (35%).

As Operator of the Cervantes Joint Venture, Aztec has mobilized a field crew to conduct a +500 soil sample program aimed at extending previous soil grids and covering targets with limited historic exploration. The soil sample grid will cover 518 hectares (5.18 square kilometers) with 100-by-100 meter spaced samples to extend coverage over the Estrella and California North targets to the western, northern, and eastern limits of the property. The existing soil sample database of over 1,100 samples covers the California, Purisima East, Purisima West, Jasper, and Jacobo targets. Detailed lithologic, alteration, structural mapping and rock chip sampling will proceed along with the soil sampling program.

View: Cervantes Proposed Phase 1 Sampling and Mapping Plan

Cervantes is a highly prospective porphyry gold-copper property located in southeastern Sonora state, Mexico. The project lies 160 km east of Hermosillo, Sonora, Mexico within the prolific Laramide porphyry copper belt approximately 265 km southeast of the Cananea porphyry copper-molybdenum mine (Grupo Mexico). Cervantes also lies along an east-west trending gold belt 60 km west of the Mulatos epithermal gold mine (Alamos Gold), 45 km west of the La India mine (Agnico Eagle), and 40 km northwest of Santana gold deposit (Minera Alamos).

View: Cervantes Project Location Map

All sampling will be conducted with strict QA/QC controls, standards and blanks. Samples will be delivered directly to Bureau Veritas Minerals in Hermosillo for analysis. Joey Wilkins, B.Sc., P.Geo., is the Qualified Person and Vice President of Exploration at Aztec Minerals Corp who reviewed and approved the technical disclosures in this news release.

"Simon Dyakowski"
Simon Dyakowski, Chief Executive Officer

About Aztec Minerals
Aztec is a mineral exploration company focused on the discovery of large polymetallic mineral deposits in the Americas. Our core asset is the prospective Cervantes porphyry gold-copper property in Sonora, Mexico. The historic, district-scale Tombstone properties host both bulk tonnage epithermal gold-silver as well as CRD silver-lead-zinc mineralization in Cochise County, Arizona. Aztec's shares trade on the TSX-V stock exchange (symbol AZT) and on the OTCQB (symbol AZZTF).

For more information, please contact:
Simon Dyakowski, CEO or Bradford Cooke, Chairman
Tel: (604) 619-7469
Fax: (604) 685-9744
Email: simon@aztecminerals.com
Website: www.aztecminerals.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Forward-Looking Statements:
Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "expects" or "it is expected", or variations of such words and phrases or statements that certain actions, events or results "will" occur. These forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.

SOURCE: Aztec Minerals Corp.



View source version on accesswire.com:
https://www.accesswire.com/631194/Aztec-Minerals--Kootenay-Silver-Joint-Venture-Commences-2021-Exploration-Program-on-the-Cervantes-Porphyry-Gold-Copper-Property-in-Sonora-Mexico

FAQ

What is the purpose of Aztec Minerals' 2021 exploration program at Cervantes?

The purpose is to conduct a +500 soil sample program to extend previous grids and explore under-explored areas.

What are the dimensions of the area covered by the soil sampling at Cervantes?

The soil sampling will cover an area of 518 hectares (5.18 square kilometers).

Who is overseeing the exploration program at the Cervantes property?

The exploration program is overseen by a Management Committee of the Cervantes Joint Venture between Aztec Minerals and Kootenay Silver.

How does the Cervantes property relate to other mining operations?

Cervantes is strategically located within the Laramide porphyry copper belt, close to significant mines such as the Mulatos and La India mines.

What quality controls are in place for the soil sampling at Cervantes?

All sampling will follow strict QA/QC controls and standards, with samples analyzed by Bureau Veritas Minerals.

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